Plan Snapshot
- Plan Sponsor: Kipp Capital Region Public Schools
- Sponsor EIN: 201347748
- Sponsor Address: 321 NORTHERN BLVD., ALBANY, NY, 12210
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 335
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 335 | $12.5M | $572,744 | $912,702 |
| 2023 | 348 | $11.0M | $932,703 | $1.2M |
| 2022 | 347 | $8.2M | $793,193 | $960,926 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES | Investment Advisor | $33,925 | — | $33,925 |
| ASCENSUS LLC | Other Service Provider | $25,222 | — | $25,222 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,147
- Estimated Expense Ratio: 0.472% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $54,186 | — | — | — | — |
| 2023 | $38,599 | — | — | — | — |
| 2022 | $24,703 | — | — | — | — |